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Nov 29, 2012
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. >> president obama urged college -- urge congress to extend tax cuts. he spoke at the eisenhower executive office building for about 10 minutes. it travels to pennsylvania later this week to talk about taxes and the economy. >> thank you very much. everybody please have a seat -- except you guys. [laughter] good morning, everybody. there has been a lot of talk here in washington about the deadlines we are facing on taxes and deficits. these deadlines are going to be coming up very soon in the coming weeks. but today's important because i want to make sure everybody understands that this is not just about numbers. it is a set of major decisions that are going to expect millions of families all across this country in very significant ways, and their voices, the voices of the american people, have to be part of this debate. so i asked some friends of mine to join me, some folks from here in the area. our ultimate goal is an agreement that gets our long term deficit under control in a way that is fair and balanced. that kind of agreement would be good for o
. >> president obama urged college -- urge congress to extend tax cuts. he spoke at the eisenhower executive office building for about 10 minutes. it travels to pennsylvania later this week to talk about taxes and the economy. >> thank you very much. everybody please have a seat -- except you guys. [laughter] good morning, everybody. there has been a lot of talk here in washington about the deadlines we are facing on taxes and deficits. these deadlines are going to be coming up very...
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Nov 29, 2012
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in the 1990 tax increase, only spending-cut bill and made it sound pretty good. but when the iraq war wound down, people said massive permanent tax increase and phony spending cuts. spending went up and not down and your tax increases hurt the economy. the economy is bad. so it's got to pass the lap test not just the moment it happens but between now and the next several sessions. >> so i hear in what you're saying considerable wiggle room. i hear you saying that republicans should not negotiate with themselves, should push for the best deal that they can get, but you aren't here as a dead ender, you're not saying that people should go off the cliff just because of a pledge? >> first of all, we have this -- having the same conversation we had two years ago when we had the same fiscal cliff two years ago and obama decided he didn't want to damage the economy because he was up for re-election. same players, same chest board, and they extend everything two years because they decided the president wanted to save himself and not damage the economy. his position is i d
in the 1990 tax increase, only spending-cut bill and made it sound pretty good. but when the iraq war wound down, people said massive permanent tax increase and phony spending cuts. spending went up and not down and your tax increases hurt the economy. the economy is bad. so it's got to pass the lap test not just the moment it happens but between now and the next several sessions. >> so i hear in what you're saying considerable wiggle room. i hear you saying that republicans should not...
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Dec 1, 2012
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they also take a cut in pay. right at the bottom in the fine print where nobody read is congress and senate, they take a cut in pay and they get no health insurance and nothing. then maybe they might fix the sucker. host: in "the financial times," they have this headline. back to the phones. michael is on the line for democrats. caller: how are you doing today? they really need somebody to negotiate with. everybody knows john boehner does not have the power to negotiate. he needs to get the middleman out of the way and go onto eric cantor and negotiate with eric cantor, he does have the power. host: why does the majority leader, rip eric cantor have the power you say the speaker does not have? caller: because john boehner has been boxed in. everything he does when he goes back, he tells barack obama one thing, but when he goes back to his caucus and comes back, he has something different. eric cantor is wanting to be speaker of the house. everybody knows that. john boehner has no power, he is a middle man. from l
they also take a cut in pay. right at the bottom in the fine print where nobody read is congress and senate, they take a cut in pay and they get no health insurance and nothing. then maybe they might fix the sucker. host: in "the financial times," they have this headline. back to the phones. michael is on the line for democrats. caller: how are you doing today? they really need somebody to negotiate with. everybody knows john boehner does not have the power to negotiate. he needs to...
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Dec 6, 2012
12/12
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and it is foolish to reject president obama's own self- described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing. >> speaker boehner, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious problem and our goal is to make sure it gets solved. we have a debt problem that is out of control. we have got to cut spending and i believe it is appropriate to put revenues on the table. the receive news we are putting on the table are going to come from, guess who? the rich. there are ways to limit deductions, close loopholes and have the same people pay more -- more of their money to the federal government without raising the tax rates which we believe will harm our economy. \[inaudible question] >> i think our members understand the seriousness of the situation that our country faces. trillion dollar de
and it is foolish to reject president obama's own self- described architecture of $3 in spending cuts for every dollar in new revenue. we are prepared to work and call on the white house to do the same thing. >> speaker boehner, president obama, the white house projection last offer -- \[inaudible] 53% of americans will blame republicans in congress if you go over the fiscal cliff. how long can you have that hard line on those making 250 and above. >> america faces a very serious...
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Dec 4, 2012
12/12
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tried to push through bills to cut taxes for job creators, fo. host: for small businesses? caller: yes, for small businesses. host: here is reaction from senator lindsey gramm. he says this -- a republican from new jersey, go ahead. caller: i am calling in reference to this fiscal cliff. at this point, all the seniors are already in trouble. they are not going to get but a little increase. congress will automatically get a raise. theys hould stop that. they don't need the money anymore. they have plenty. obama is going to have his way, and that's it. host: can you hang on the line? let me get your reaction from larry duncan on twitter who says -- what do you think, margaret? caller: i think that is correct. there are a lot of loopholes but they do not want to do this. they are happy because they are getting this extra money. if obama gets -- i don't have a charge card. i am paying off all my debt. we should pay off all large debt. how much are we paying for this debt that we go? that is a waste. why should anyone else do it? congress.s stick with
tried to push through bills to cut taxes for job creators, fo. host: for small businesses? caller: yes, for small businesses. host: here is reaction from senator lindsey gramm. he says this -- a republican from new jersey, go ahead. caller: i am calling in reference to this fiscal cliff. at this point, all the seniors are already in trouble. they are not going to get but a little increase. congress will automatically get a raise. theys hould stop that. they don't need the money anymore. they...